AGRI COMMODITY MARKET LEVEL (SUPP. & RESIST.) UPDATE 22 DEC 2016.| FINANCIAL ADVISORY COMPANY

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices ended with losses on weak demand and on expectation of higher supply.

Mentha oil gained on the back of strong demand in the spot markets amid hopes of export demand may pick up in Oil and Oilseeds & Others the coming days.

Soyabean prices ended with losses on expectation of higher supply in global market.

Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.

Turmeric prices gained on short covering after prices dropped on medium and poor quality arrivals from the producing belts.

Jeera prices settled flat on reports of good sowing progress in the producing regions.

NCDEX Market update:-

JEERA

PP- 17220

R1- 17450                                              S1-16950

R2- 17700                                              S2-16640

TURMERIC

PP- 6858

R1- 6850                                                S1-6730

R2- 6895                                                S2-6655

CORIANDER

PP- 7667

R1- 7830                                                 S1-7650

R2- 7920                                                 S2-7560

SOYABEAN

PP- 3012

R1- 3045                                                S1-2990

R2- 3070                                                S2-2960

MUSTERED OIL

PP- 4370

R1- 4400                                                S1-4340

R2- 4440                                                S2-4310

GAUR SEED

PP- 3237

R1- 3275                                                 S1-3210

R2- 3300                                                 S2-3170